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Nov 28, 2012
11/12
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. >>> let's get straight to steve leisman for those breaking headlines from the beige book. >> thanks very much. aen net dotal reports from the 12 federal reserve districts say the economic activity expanded at a measured pace in recent weeks. eight districts say growth was modest. st. louis and minneapolis say the growth was stronger. boston said it was slower. then have you new york and philadelphia attributing weakness to hurricane sandy. >>> districts reported concern and uncertainty over the fiscal cliff. that's another theme that runs through this report along with sandy. consumer spending grew modestly. manufacturing however weakened or in some cases even contracted so that dual track economy of the economy doing okay but the manufacturing sector not is a theme in this report. slice gains in residential and commercial real estate. tight inventories out there for housing. demand was higher for mortgages and auto loans and credit quality overall appeared to improve. small business loan was weaker to only moderately higher. that sector continues to be troubled. there were moderate
. >>> let's get straight to steve leisman for those breaking headlines from the beige book. >> thanks very much. aen net dotal reports from the 12 federal reserve districts say the economic activity expanded at a measured pace in recent weeks. eight districts say growth was modest. st. louis and minneapolis say the growth was stronger. boston said it was slower. then have you new york and philadelphia attributing weakness to hurricane sandy. >>> districts reported...
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Nov 27, 2012
11/12
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steve liesman will have breaking news momentarily. steve, do you have that? >> yes, i do. what we have is a report from the new york fed on consumer finance. what the news shows is that overall, consumer credit outside of real estate is up just a bit. most of that, by the way, is student loan debt, being up about $42 billion inside that $2.7 trillion number. overall, mortgage debt is down and overall debt is down. the basic gist of the details, bill, is that consumer credit continues to decline overall. delinquencies are down and bankruptcies are down. balance sheet repair continues. a little bit more willingness of the consumer to take on some debt and a lot of it -- >> that's very interesting, steve. let me ask you something, david. >> i want to make one more point, which is that when you talk about how much the dow is down today, it should be down more because the rally we didn't have from the better economic news this morning. >> yeah, no, that was a good point. david, so we've got consumer confidence data, which shows the consumer is not concerned about the fiscal cli
steve liesman will have breaking news momentarily. steve, do you have that? >> yes, i do. what we have is a report from the new york fed on consumer finance. what the news shows is that overall, consumer credit outside of real estate is up just a bit. most of that, by the way, is student loan debt, being up about $42 billion inside that $2.7 trillion number. overall, mortgage debt is down and overall debt is down. the basic gist of the details, bill, is that consumer credit continues to...
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Nov 27, 2012
11/12
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>> steve: yeah. i prodded my -- it didn't work out well for me, but i thought it was humorous. >> jimmy: you shouldn't prod anyone. we have music from a great band, you guys. sun kil moon is on. >> steve: oh, come on! [ cheers and applause ] he's going to kill it tonight. he's a talented guy. guys, i love music. it's a huge part of my life. and i listen to everything. i listen to rock, rap, country, top 40, reggae. [ laughter ] you name it, i got it on my ipod. but one thing i try to keep off my ipod is bad music. you know, songs and bands that are so awful, they make you want to jam a dull knife into your ear. [ light laughter ] so, as a service to you guys, i'm about to play some real songs from real bands that i think you should avoid in a new segment i call "my do not play list." here we go. ♪ do not play do not play do not play these songs ♪ ♪ songs >> jimmy: before we start, i want you all to know every artist and song that i'm about to play for you is 100% real. [ laughter ] these are ac
>> steve: yeah. i prodded my -- it didn't work out well for me, but i thought it was humorous. >> jimmy: you shouldn't prod anyone. we have music from a great band, you guys. sun kil moon is on. >> steve: oh, come on! [ cheers and applause ] he's going to kill it tonight. he's a talented guy. guys, i love music. it's a huge part of my life. and i listen to everything. i listen to rock, rap, country, top 40, reggae. [ laughter ] you name it, i got it on my ipod. but one thing i...
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Nov 29, 2012
11/12
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>> steve: yeah. >> jimmy: shrink wrapped. >> steve: yep. >> jimmy: and that's it. >> steve: wow. [ laughter ] that's a deal. >> jimmy: yeah, pretty cool, man. we have a giant show, you guys. we -- i absolutely love this woman. her new movie is "hitchcock." helen mirren is here! [ cheers and applause ] st. helen mirren's the coolest. [ applause ] i love her. our good buddy, carson daly, is back on the show tonight! [ cheers and applause ] he's a good man. plus -- oh, very excited about this. he's the president of nintendo of america, and he's here to show us the nintendo wii u, which comes out november 18th. reggie fils-aime is dropping by. [ cheers and applause ] it's the new nintendo console. and it's like -- you touch it and you, like -- you can throw chinese stars, like -- at your television. you aim it like -- yeah. it's the coolest thing. you guys are gonna freak out when you see it. and we have great music from miguel, everybody! [ cheers and applause ] oh, man! >> steve: oh, come on. >> jimmy:
>> steve: yeah. >> jimmy: shrink wrapped. >> steve: yep. >> jimmy: and that's it. >> steve: wow. [ laughter ] that's a deal. >> jimmy: yeah, pretty cool, man. we have a giant show, you guys. we -- i absolutely love this woman. her new movie is "hitchcock." helen mirren is here! [ cheers and applause ] st. helen mirren's the coolest. [ applause ] i love her. our good buddy, carson daly, is back on the show tonight! [ cheers and applause ] he's a good...
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Nov 22, 2012
11/12
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usa today columnist steve strauss, who doles out advice to small business owners. > > what i love is that this actually is a great time to be in business. yes, there are some businesses that are struggling, but we just saw that the unemployment rate dipped to 7.8%. why is that? there are 28 million businesses in this country. 99% of those are small businesses, meaning 1-, 5-, 10-, 20-employee businesses. so if the unemployment rate is coming down, what does that mean? it means small business is going up and is growing. so it's actually a great time to start and run a business. my dad owned some carpet stores in southern california when i grew up, and the economy went up, and the economy went down, and his business went up, and his business went down. but the truth is, these days, no one has to be dictated by your own local economy. you can do business all over by being online. and there are so many more tools available that allow you to run your business. so, my dad ran his business by himself. if he didn't know something, he didn't know something. today what would you do? you would
usa today columnist steve strauss, who doles out advice to small business owners. > > what i love is that this actually is a great time to be in business. yes, there are some businesses that are struggling, but we just saw that the unemployment rate dipped to 7.8%. why is that? there are 28 million businesses in this country. 99% of those are small businesses, meaning 1-, 5-, 10-, 20-employee businesses. so if the unemployment rate is coming down, what does that mean? it means small...
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Nov 23, 2012
11/12
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we have meaty data points, steve. many are looking for a rather substantial upward revision on our second look at third quarter gdp. i'm not sure if i buy into it. but trust me, if we do really see three-quarters to 1% upgrade, that would be something the markets would have to deal with. >> i don't agree, rick. not just because i reflexively disagree with you, i think that what i keep asking economists, all right, we're going from -- we've been talking about this for a couple weeks now. we probably are going to go to 3% from 2%, the original print. i don't hear any upside on fourth quarter. the only thing i'm seeing is maybe sandy gives a little boost. everybody is still in that 1% to 1.5% range. maybe the market get excited on revision of third quarter but i suggest it shouldn't if fourth quarter will be a 1.5% economy. >> i tell you what, if we get a 2.8 revision, i would venture to say you'll see at least a 7 to 10 basis point move in a ten-year note yield. whether it lasts or not is a big deal. it's worth 7 to 10
we have meaty data points, steve. many are looking for a rather substantial upward revision on our second look at third quarter gdp. i'm not sure if i buy into it. but trust me, if we do really see three-quarters to 1% upgrade, that would be something the markets would have to deal with. >> i don't agree, rick. not just because i reflexively disagree with you, i think that what i keep asking economists, all right, we're going from -- we've been talking about this for a couple weeks now....
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Nov 29, 2012
11/12
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our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government spending at the federal side. also you had inventories go up. what you didn't have is -- we marked down consumer spending and business spending was negative. i want to do 3%, 3.5%, 4% with strong consumer spending and strong business spending. those will be a sustainable path for the economy. >> can't let you go without a little fed speak. mr. dudley, new york fed chief, speaking this morning. >> some important comments. hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp
our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government spending at the federal side. also you had inventories go up. what you didn't have is -- we marked down consumer spending and business spending was negative. i...
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Nov 29, 2012
11/12
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CNNW
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my friend steve talks about spending in the balanced budgets of the clinton years. the spending since the clinton years has increased 50%. it is really out-of-control. and the reason it is out-of-control is because of entitlements. the budget is all of the government's expenditures, it is 60% entitlement. so big picture. there has to be a solution around entitlements on revenues again. what i would like to see is i'd like to see the bush tax rates continue as they are. however, give the process, the country, north of $1 trillion but do it by getting rid of the loop holes that comprise 70,000 pages of the tax code. these are the kinds of plans that are being offered. and less impaired growth. >> if you were in that room and that was on the table what would you say? >> i would say you need to have a compromise. spending is a problem. but as i said before. we had two rounds of tax cuts that we could not afford. you need to roll back a piece of them. as far as where it comes from on the revenue side. i believe it should come from the wealthy. that is the group and i'm h
my friend steve talks about spending in the balanced budgets of the clinton years. the spending since the clinton years has increased 50%. it is really out-of-control. and the reason it is out-of-control is because of entitlements. the budget is all of the government's expenditures, it is 60% entitlement. so big picture. there has to be a solution around entitlements on revenues again. what i would like to see is i'd like to see the bush tax rates continue as they are. however, give the...
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Nov 22, 2012
11/12
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i'm steve kroft. thanks for joining us. [ticking] [ticking] >> in a nondescript t-shirt at a nondescript desk, mark zuckerberg runs a vast global empire, leading the whole internet in his direction. is the goal for you to conquer the whole internet? to own the internet? >> well, think about it like this. people--if they can use a product of any category--photos, music, tv, anything--either by themselves or with their friends... >> mm-hmm. >> i think most of the time, people want to do those things with their friends, so-- >> so is the answer "yes"? [ticking] you describe bill gates in very harsh terms. um, you've described him as being quite abusive. i mean, it's not a pretty picture. >> and i felt like when i wrote it, i should just tell it like it happened, in an unvarnished way, warts and all. >> you'll hear how the two high school buddies who started microsoft and a computer revolution had some pretty trying times along the way. do you think he came to think that you weren't working as hard as he
i'm steve kroft. thanks for joining us. [ticking] [ticking] >> in a nondescript t-shirt at a nondescript desk, mark zuckerberg runs a vast global empire, leading the whole internet in his direction. is the goal for you to conquer the whole internet? to own the internet? >> well, think about it like this. people--if they can use a product of any category--photos, music, tv, anything--either by themselves or with their friends... >> mm-hmm. >> i think most of the time,...
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Nov 28, 2012
11/12
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but there's clearly at this point a disagreement. >> and, steve, on the democrat side, the president is saying he's doing all these meetings and traveling over the next couple days to talk with business leaders, to talk to real americans, because frankly, this is something that has a real impact on all of our bottom lines. it's going to hit every american taxpay taxpayer's pocketbook. mitch mcconnell, however, has been critical of what he sees as a pr effort. >> rather than sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail presumably with the same old talking points that we're all quite familiar with. look, we already know the president's a very good campaigner. we continue gratch lit him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement. >> so should the president instead of going on the road be working with members of his own party and get them and republican leaders in a room and maybe, steve, just not let him leave until they have a deal? >
but there's clearly at this point a disagreement. >> and, steve, on the democrat side, the president is saying he's doing all these meetings and traveling over the next couple days to talk with business leaders, to talk to real americans, because frankly, this is something that has a real impact on all of our bottom lines. it's going to hit every american taxpay taxpayer's pocketbook. mitch mcconnell, however, has been critical of what he sees as a pr effort. >> rather than sitting...
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Nov 23, 2012
11/12
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joins you is steve tanger. give us a sentence for traffic as many of the stores that make up the customers for you? >> the early indications is we have another record year of traffic at tanger outlets. for the most part weather was really good compared to last year. traffic was up post-hunt sandy stress even on the east coast, people are out and about. the big boxes opened at 8:00, we opened at 10:00. about 50% of our stores, though, opened with great values even as early as veterans day. another 20% started their sales last weekend. so we're looking for a great holiday season in addition to another record-breaking black friday. >> steve, which retailers are being most aggressive in terms of their promotions to get people in the door? >> the hot brand around the country still remain, it doesn't matter whether they're deep discounts or not. the hot brands in our centers are coach, underarmour, j. crew, nike, michael kors, the gap, they still offer great products. >> good to chat with you again, sir. we've been t
joins you is steve tanger. give us a sentence for traffic as many of the stores that make up the customers for you? >> the early indications is we have another record year of traffic at tanger outlets. for the most part weather was really good compared to last year. traffic was up post-hunt sandy stress even on the east coast, people are out and about. the big boxes opened at 8:00, we opened at 10:00. about 50% of our stores, though, opened with great values even as early as veterans day....
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Nov 28, 2012
11/12
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. >> steve, if only the market could focus on just the economy, which actually seems to be chugging along okay. if you look at durables, consumer confidence, the ongoing recovery and housing, it's the overhang of the cliff that's spooking everybody. >> yeah, we've had somewhat better numbers. the new home sales today, not great. maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw har
. >> steve, if only the market could focus on just the economy, which actually seems to be chugging along okay. if you look at durables, consumer confidence, the ongoing recovery and housing, it's the overhang of the cliff that's spooking everybody. >> yeah, we've had somewhat better numbers. the new home sales today, not great. maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being...
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Nov 21, 2012
11/12
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interesting case involving steve cohen, as you were discussing. you know, most people don't really know him except for these headlines in recent years. actually, he's a little bit of a low-key guy. perhaps he'll lose his temper or not trading floor but in general if you see him in public life -- whichvy occasionally at a charity function or something like that -- he's actually quite shy. i'm told he cools his heels are in stamford connecticut at his mansion where he has an art collection. his financial standing is anything but low key. he's 490th richest american, according to the "forbes" list with $9 billion in wealth and as you know, a significant chunk of that is in sac capital. 16% of the $14 billion that the firm manages belongs to either steve himself or other insiders, employees and the like. that's something that could be a source of stability for them if investors get concerned about what's going on and start to redeem capital in any major way. i spoke just recently to a funds manager who decided to redeem yesterday, not based on any per
interesting case involving steve cohen, as you were discussing. you know, most people don't really know him except for these headlines in recent years. actually, he's a little bit of a low-key guy. perhaps he'll lose his temper or not trading floor but in general if you see him in public life -- whichvy occasionally at a charity function or something like that -- he's actually quite shy. i'm told he cools his heels are in stamford connecticut at his mansion where he has an art collection. his...
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Nov 21, 2012
11/12
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he shared that with steve cohen good there is nothing in these charging documents that said steve cohen knew it was illegal information. >> i think i disagree with the way you are reading the indictment. charles: they did not indict steve cohen, though. >> they might as well have. it is made clear by the fbi investigator in order to make the $276 million in trade, it was steve cohen you have to pull the trigger. mark, who received the information had to convincecohen . how do you suppose he did it? i imagine by telling steve cohen it was good information. charlie: here is one thing we should point out how the capital works. i am not trying to be a defense attorney here for steve going. i am merely trying to play devil's advocate. they both run money. in running their money, you know, including this guy, they go out and make bets in a shared their best bets with steve cohen. now, just because he obtained that information illegally and suppose he does not tell steve cohen that he obtained it illegally. isn't that possible? >> no. according to the indictment there was a 20 minute phone cal
he shared that with steve cohen good there is nothing in these charging documents that said steve cohen knew it was illegal information. >> i think i disagree with the way you are reading the indictment. charles: they did not indict steve cohen, though. >> they might as well have. it is made clear by the fbi investigator in order to make the $276 million in trade, it was steve cohen you have to pull the trigger. mark, who received the information had to convincecohen . how do you...
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Nov 27, 2012
11/12
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back to you guys. >> steve sedgwick live from london. >> 50%. holy cow. >> let us know why you're awake at this ungodly, horrific hour. >> there's something wrong with you. >> shoot us an e-mail or tweet us @joenbc or @morningmika. >>> still ahead on "way too early," the eagles prove they don't really need michael vick to lose a football game. highlights from philly's monday night mess ahead in sports. it's ugly. >>> plus -- >> please stop watching "two and a half men." i'm on "two and a half men." i don't want to be on it. >> you know, first charlie sheen, now this controversy finds its way back into the set of "two and a half men" as one of the lead actors calls the show "filth." >> it is, actually. >> telling viewers not to watch. it's not filth. >> no, i have seen it. i saw it once. it was complete filth. >> this is good, clean entertainment. i believe this is what will save western civilization. put it on a loop 24 hours a day. when you're done with that, watch "way too early," then "morning joe." we shall return. we'll have a check on weat
back to you guys. >> steve sedgwick live from london. >> 50%. holy cow. >> let us know why you're awake at this ungodly, horrific hour. >> there's something wrong with you. >> shoot us an e-mail or tweet us @joenbc or @morningmika. >>> still ahead on "way too early," the eagles prove they don't really need michael vick to lose a football game. highlights from philly's monday night mess ahead in sports. it's ugly. >>> plus -- >>...
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Nov 21, 2012
11/12
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steve? >> all right. thanks for that. stay safe. jonathan allen, senior washington correspondent for politico joins us now and started writing a new book on hillary clinton and jonathan, obviously, hillary at the heart of when's happened today with this cease-fire but that really hasn't been the case. the tenure as secretary of state coming to an end, hasn't been much engagement on the state department's part on the u.s. government's part in the middle east peace process. i wonder if you have a sense, is that -- is that coming from the white house or did she for these past four years share the view of the white house that sort of disengaging from the process was the right move? >> i would certainly say that the united states foreign policy goals are set by the white house. even if the secretary of state has different goals. they end up doing what the white house wants. so, as far as emphasis around the world, that's something that's coming from the obama administration. and look, the middle east is an area that obviously has been a
steve? >> all right. thanks for that. stay safe. jonathan allen, senior washington correspondent for politico joins us now and started writing a new book on hillary clinton and jonathan, obviously, hillary at the heart of when's happened today with this cease-fire but that really hasn't been the case. the tenure as secretary of state coming to an end, hasn't been much engagement on the state department's part on the u.s. government's part in the middle east peace process. i wonder if you...
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Nov 21, 2012
11/12
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the german shepherd and his handler officer steve vega went through four weeks of k-9 training together. gus lives with the officer and his family. he joined the force through private citizens. >>> today at 5:00, we have you covered for thig, whether it's hitting the road or staying here. we'll have the travel conditions as well as the forecast for the neighborhood where you live. thank you for trusting ktvu news. we'll see you the next time news breaks. also we're always here for you at ktvu.com and mobile ktvu. ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 conv
the german shepherd and his handler officer steve vega went through four weeks of k-9 training together. gus lives with the officer and his family. he joined the force through private citizens. >>> today at 5:00, we have you covered for thig, whether it's hitting the road or staying here. we'll have the travel conditions as well as the forecast for the neighborhood where you live. thank you for trusting ktvu news. we'll see you the next time news breaks. also we're always here for you...
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Nov 22, 2012
11/12
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steve brown life at chicago o'hare. steve? >> hey there, yes. a little better. they managed to get the fog burned off by noon. still had to work through the difficulties there are fewer flights and fewer seats. if there is a problem with delays or cancellations you have fewer seats to move people to get where they are going. in the midwest is where you have most difficulty. the vast majority of folks traveling with the holiday weekend will do so by car. a good news bad news situation there. the price of gasoline has been drop something a few cents less than beginning of the month. few more dollars in your pocket. right? compared to last thanksgiving, it is a couple of cents more. about five or six, seven more. depending where you're at. it's going to cost you more to travel. as you pointed out, triple a says more folks traveling on the road. there is a pentapody mand. put off a trip to grandmother's house in 2011 and decided to in 2012. there will be folks on the roads driving; particularly, busy on sunday. you can leave on wednesday, you can leave on thursday,
steve brown life at chicago o'hare. steve? >> hey there, yes. a little better. they managed to get the fog burned off by noon. still had to work through the difficulties there are fewer flights and fewer seats. if there is a problem with delays or cancellations you have fewer seats to move people to get where they are going. in the midwest is where you have most difficulty. the vast majority of folks traveling with the holiday weekend will do so by car. a good news bad news situation...
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Nov 29, 2012
11/12
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not great. >> let me jump in, steve, and ask it a different way then. how about this -- based on earnings and valuations, where is the dow's fair value right now? where should it be? >> boy, you know, i think the dow's fair value is probably somewhat higher. i'm not going to base it on earnings as much as i am going to base it on historically low interest rates. i mean the interest rates that we have out there now act as a tremendous flotation device for equity valuations. so i think the market will drift higher and i think that fair value is being driven by a risk-free rate that's essentially 0.01%, rather than by the earnings power. by the way, corporate america's demonstrated good earnings up until the last earnings season where it started to weaken. but the five prior earnings seasons have been very, very good. so certainly driving part of the valuation process there. >> art, where do you think fair value for the dow should be? >> i think if we sort of look beyond the fiscal cliff we get beyond this, we've got some results. not just a short-term fix
not great. >> let me jump in, steve, and ask it a different way then. how about this -- based on earnings and valuations, where is the dow's fair value right now? where should it be? >> boy, you know, i think the dow's fair value is probably somewhat higher. i'm not going to base it on earnings as much as i am going to base it on historically low interest rates. i mean the interest rates that we have out there now act as a tremendous flotation device for equity valuations. so i...
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Nov 29, 2012
11/12
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he has a steve cam. a camera that films what he's doing so traders can see when to make a trade, what's going on. one indication of his close personal involvement. >> interesting stuff. thank you so much. >>> looking at the markets here again, we're in the green here. a couple quick comments from senator schumer. he did say there is progress being made behind the scenes. waiting for specifics from the gop. but he is confident. this is senator schumer. that a deal to avert the fiscal cliff can, in fact, be reached by christmas. there's a look at the markets right now. perhaps that's what brought the dow back into positive territory. now sits with a gain of 20 points. s&p 500 up one-third of 1%. market's recovering at least part of what they lost during those comments earlier from house speaker john boehner. let's do a market flash now with mary thompson. retail big story today, mar. >> big story. we're watching some of those retail names go down today, scott. a number of retailers actually came in weaker
he has a steve cam. a camera that films what he's doing so traders can see when to make a trade, what's going on. one indication of his close personal involvement. >> interesting stuff. thank you so much. >>> looking at the markets here again, we're in the green here. a couple quick comments from senator schumer. he did say there is progress being made behind the scenes. waiting for specifics from the gop. but he is confident. this is senator schumer. that a deal to avert the...
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Nov 26, 2012
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bush steve hadley. steve, good to see you. a lot going on. let's talk about iran and the testing of iron dome, at least against short-range rockets. the promise from president obama for more money for more missile defense against the longer range missiles. they already have patriots there, but obviously some more long-range protection as well. what is iran's read now, seeing that morsi and the islamist party has been the guarantor of this cease-fire? does that create more leverage for egypt and less for iran as the mentor to hamas and gaza? >> well, it does give egypt some influence with hamas. they, of course, have the same muslim brotherhood roots. on the other hand, this has been an opportunity for iran, because iran in some sense has been the arming agent of hamas in the same way they have been the arming agent of hezbollah. and it is also viewed by many as proof that israel only makes concessions in the face of threats of violence, which is very much out of the iranian playing book rather than the playbook of fatah or western countries w
bush steve hadley. steve, good to see you. a lot going on. let's talk about iran and the testing of iron dome, at least against short-range rockets. the promise from president obama for more money for more missile defense against the longer range missiles. they already have patriots there, but obviously some more long-range protection as well. what is iran's read now, seeing that morsi and the islamist party has been the guarantor of this cease-fire? does that create more leverage for egypt and...
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Nov 23, 2012
11/12
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steve and tom are still here. what was said here, you talked about the constitution requiring this, let's bypass the system and we get unelected, unaccountable people that will follow whatever the agenda is and no opinion put from elected representatives. so the president figured out a way to bypass congress? >> with obama, like everything else what we don't like about government he does more of. when he brings these officials into the white house, it means you can't get records from under the freedom of information act. congress can't bring them in for testimony as they are able to do with other officials in agencies like the epa. so when cal browner the green energy czar is bringing in carmakers to talk about gas mileage, she says don't write anything down. >> this is where we get van jones and 9/11 truther. >> the reason we do this we go through clinton and bush. the reason we start here, the guy ran on transparency. first thing he does, remember the obama administration, they are strategic. they have two thing
steve and tom are still here. what was said here, you talked about the constitution requiring this, let's bypass the system and we get unelected, unaccountable people that will follow whatever the agenda is and no opinion put from elected representatives. so the president figured out a way to bypass congress? >> with obama, like everything else what we don't like about government he does more of. when he brings these officials into the white house, it means you can't get records from...
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Nov 27, 2012
11/12
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steve liesman has been analyzing it. it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and business measures came in not too bad, pretty decent. look. durable goods up changed, we expected them to be negative and business investment up 1.7%. consumer confidence up, not too bad a number. chain store sales for the week ending saturday, including black friday. the best saturday or week ending saturday after thanksgiving that i could find back to 1990. case-shiller home prices continue their march upward. look at consumer confidence and the cliff. i want to show you the two-year chart heerz that dip you see in the middle of your screen there, that is the last debacle, the debt ceiling debacle. can't see it here yet. so you don't get excite about the numbers, give you
steve liesman has been analyzing it. it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and business measures came in not too bad, pretty decent. look. durable goods up changed, we expected them to be negative and business...
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Nov 22, 2012
11/12
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media, he may have fallen out with the current ceo steve balmer and other executives. microsoft is using its pc-based expertise to help it succeed in the computer market. but the challenges it faces are considerable. the focus in the coming months will be on increasingly fierce competition with its main rival, apple. rosa sobrino, nhk world, new york. >>> that is all for business at this hour. i'll leave you with a check on regional markets. >>> diplomats from the world's leading powers say they're ready to start talking again about iran's nuclear program. catherine ashton met in brussels with members of the u.n. security council and germany. negotiators suspended the so-called six-party talks on iran's nuclear program in june. ashton and her counterparts issued a statement after their meeting. they confirmed they would start negotiations with the eiranians as soon as possible. they're demanding iranian leaders halt their nuclear program. scientists have enriched uranium to 20% purity. beyond that level they can quickly develop uranium to weapons grade. iranians want o
media, he may have fallen out with the current ceo steve balmer and other executives. microsoft is using its pc-based expertise to help it succeed in the computer market. but the challenges it faces are considerable. the focus in the coming months will be on increasingly fierce competition with its main rival, apple. rosa sobrino, nhk world, new york. >>> that is all for business at this hour. i'll leave you with a check on regional markets. >>> diplomats from the world's...
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Nov 27, 2012
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joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie for being so bipartisan, for -- for daring to compliment the president for his responsiveness in hurricane sandy, so there's still some upset there over that. you know, i think the other thing this points out, you were mentioning, chris christie underscoring how important bipartisanship and cooperation is to voters. the other thing i think it underscores is how effective government is important to voters. peel saw him doing a great job handling hurricane sandy and republicans for so long have been the party of obstructionism, of doing everything they can to keep government from working. that's the other message. people to want see a government that actually works. >> and a government that deals together in crisis, when
joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie for being so bipartisan, for -- for daring to compliment the president for his responsiveness in hurricane sandy, so there's still some upset there over that. you know, i think...
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Nov 23, 2012
11/12
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steve and tom are still here. what was said here, you talked about the constitution requiring this, let's bypass the system and we get unelected, unaccountable people that will follow whatever the agenda is and no opinion put from elected representatives. so the president figured out a way to bypass congress? >> with obama, like everything else what we don't like about government he does more of. when he brings these officials into the white house, it means you can't get records from under the freedom of information act. congress can't bring them in for testimony as they are able to do with other officials in agencies like the epa. so when cal browner the green energy czar is bringing in carmakers to talk about gas mileage, she says don't write anything down. >> this is where we get van jones and 9/11 truther. >> the reason we do this we go through clinton and bush. the reason we start here, the guy ran on transparency. first thing he does, remember the obama administration, they are strategic. they have two thing
steve and tom are still here. what was said here, you talked about the constitution requiring this, let's bypass the system and we get unelected, unaccountable people that will follow whatever the agenda is and no opinion put from elected representatives. so the president figured out a way to bypass congress? >> with obama, like everything else what we don't like about government he does more of. when he brings these officials into the white house, it means you can't get records from...
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Nov 22, 2012
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steve brown is live in chicago o'hare international airport. traditionally the busiest airport around thanksgiving. we say it's the busiest, steve, it was slow going this morning. >> it was. the airline industry has slimed down so much. eliminated so many flights that a single weather event can cause all sorts of havoc in a single day. that's what we have this morning. we had fog this morning at two airports. two pivot toll ones. chicago o'hare and chicago midway. the translation was throughout the region, it turned into a long, difficult day. >> it was very frustrating it was a long drive over here from cedar rapids. you know, and we got a phone call that the flight was, you know, we called and they said all the flights were on and to come here and realize the flights are all cancelled we have to fly out tomorrow. we will try to make the most of it. >> now, we have seen a lot of flights come in later. one of the worst exramples examples we saw and unfortunately this american airlines flight supposed to come from richmond to chicago o'hare land
steve brown is live in chicago o'hare international airport. traditionally the busiest airport around thanksgiving. we say it's the busiest, steve, it was slow going this morning. >> it was. the airline industry has slimed down so much. eliminated so many flights that a single weather event can cause all sorts of havoc in a single day. that's what we have this morning. we had fog this morning at two airports. two pivot toll ones. chicago o'hare and chicago midway. the translation was...
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Nov 24, 2012
11/12
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steve harrigan with the news live in cairo. steve? >> john, at 2:00 in the morning here, we are still hearing some small explosions between the pro-he testers and those security forces, the numbers are down from late this afternoon. when it looked like 40 or 50,000 people were gathered on that square. there has been a real sense of fury, too, among the protesters on the street. these are people of different ages from different political background really united by one thing that they feel like their revolution that he fought for in the past year is in danger of being hijacked. one man their democratically elected president can now trying to put himself above the law and above the courts. what we have right now is a standoff. on the one hand the egyptian president saying he will will not back down from his decrees but that they are only temporary, only it until a new constitution is ready. we have the protesters now behind me setting up tense on the square. they say they are here to stay. john back to you. >> jon: steve harrigan. thank
steve harrigan with the news live in cairo. steve? >> john, at 2:00 in the morning here, we are still hearing some small explosions between the pro-he testers and those security forces, the numbers are down from late this afternoon. when it looked like 40 or 50,000 people were gathered on that square. there has been a real sense of fury, too, among the protesters on the street. these are people of different ages from different political background really united by one thing that they feel...
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Nov 21, 2012
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>> steve, i very much agree with steve's assessment. we have apple, but they don't make anything in america. that tell us we have a great engine still working, but, again, we made the cost and complexity of doing business in this country prohibitive, and as bill gates said earlier, we don't -- we have not risen our skill base enough to have employees who can earn the high wage that americans need to earn so i think -- i think all though entrepreneurship is part of the solution, and it's been bipartisan to support small business, frankly, i think we have to create an environment that supports all business, and if we're going to take advantage as we have historically on entrepreneurial and innovation success. i come back to the -- a lot of this is blocking and tackling a lot of it is being long term and being strategic, and our -- just aware of it, our business school alumni are all over the world, and they -- the -- our international alumni have been even more answer, -- anxious that the school took it on more and positive. we believe mo
>> steve, i very much agree with steve's assessment. we have apple, but they don't make anything in america. that tell us we have a great engine still working, but, again, we made the cost and complexity of doing business in this country prohibitive, and as bill gates said earlier, we don't -- we have not risen our skill base enough to have employees who can earn the high wage that americans need to earn so i think -- i think all though entrepreneurship is part of the solution, and it's...
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Nov 22, 2012
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i'm steve kroft. thanks for joining us. [ticking] [ticking] >> it is the mark of the yakuza: ornate, full-body tattoos that cover the members of the japanese mob. so how did one of their most notorious godfathers get into america and jump to the front of a line for a lifesaving liver transplant? this reporter found out and says it may cost him his life. >> as he was leaving and getting in his car, he said, "that"-- you know, "that--that goddamn american jew reporter. i want to kill him." [ticking] >> greg mortenson's book three cups of tea is a publishing phenomenon that has made him a celebrity, a cult-like figure on the lecture circuit, and inspired people to give nearly $60 million to his charity, and it all began with one simple story. >> it's a beautiful story, and it's a lie. >> we wanted to talk to mortenson about that and some other things, but he didn't want to talk to 60 minutes. >> steve kroft. >> nice to meet you. >> how you doing? >> thanks. >> got five minutes for us today? >> um... [ticking] >> we wondered ho
i'm steve kroft. thanks for joining us. [ticking] [ticking] >> it is the mark of the yakuza: ornate, full-body tattoos that cover the members of the japanese mob. so how did one of their most notorious godfathers get into america and jump to the front of a line for a lifesaving liver transplant? this reporter found out and says it may cost him his life. >> as he was leaving and getting in his car, he said, "that"-- you know, "that--that goddamn american jew reporter....
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Nov 23, 2012
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. >> i'm steve, man. >> how you doing? i'm austin. >> austin? >> austin. >> is this your first time doing a bit? >> mm-hmm. >> all right, look. you belong to any gangs or organizations? >> no. >> all right. i'm going to work with you. it's very important you don't get involved with anybody. no peer pressure. or anything. don't borrow no money from someone if you can't pay it back. don't get hooked up with no drugs if you can't deal with it. you understand what i'm saying? >> i don't do no kind of drugs. >> then i'll work with you. how much time you got? >> 70 years. >> damn. what kind of crime did you commit? >> robbery. >> home invasion? >> uh-huh. >> they don't want you doing that, man. that's a dangerous thing, man. you go to somebody's house. >> yep. >> you can't do that, partner. you understand what i'm talking about? austin, what you want to do? there's a lot of opportunities you can do while you're here. you get your high school education? >> yeah. >> and you wasted that? how old are you? >> 18. >> 18? you come right out of high school, a
. >> i'm steve, man. >> how you doing? i'm austin. >> austin? >> austin. >> is this your first time doing a bit? >> mm-hmm. >> all right, look. you belong to any gangs or organizations? >> no. >> all right. i'm going to work with you. it's very important you don't get involved with anybody. no peer pressure. or anything. don't borrow no money from someone if you can't pay it back. don't get hooked up with no drugs if you can't deal with it....
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Nov 27, 2012
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steve? >> steve: thanks. the florida sheriff's office admitted sunday the key evidence in the casey anthony murder trial might have been missed. detectives overlooked a google search on the anthony family computer for full proof suffocation that was made the last day two-year-old caylee was seen alive. so could this bombshell have changed the outcome of the murder case? joining us now to weigh in is casey anthony's lead defense attorney and the author of "presumed guilty," jose baez joins us. thank you for joining us. >> good morning, steve. >> steve: okay. so the way we understand it, the cops took the anthony family computer, looked at it and the investigator just looked at the internet browser, the internet explorer and saw about a dozen, dozen and a half things they made a note of. didn't look into the fire fox browser, which had more than 1200 entries, including the search for full proof suffocation. now h they brought that up, you would think -- that could have made a difference? >> i don't think so. in
steve? >> steve: thanks. the florida sheriff's office admitted sunday the key evidence in the casey anthony murder trial might have been missed. detectives overlooked a google search on the anthony family computer for full proof suffocation that was made the last day two-year-old caylee was seen alive. so could this bombshell have changed the outcome of the murder case? joining us now to weigh in is casey anthony's lead defense attorney and the author of "presumed guilty," jose...
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Nov 29, 2012
11/12
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steve tyrell is terrific. i know it's blurry but he's in the middle. someone else took it. there's another shot of your posse. >> yeah. rege and joy. >> they love you so much. >> oh, gosh, love those guys. he was singing the songs of sammy kahn last night, huh? >> yes, he was. >> very few rooms anymore you can go to enjoy that kind of music and have that old-fashioned in a good way new york night. so good for the carlisle keeping it going. and i'm so sorry, the feinsteins at the regency is going to be closing, i heard. that breaks my heart. >> i know. >> well, let's get happy with the girls at the desk. >> we're going to toast the ladies at the desk. hello, caa. sara's agency. you guys going to have a confabulatocon fab fab later? >> don't let her leave me. >> on our upcoming segment on how to pair champagne and caviar during the holidays? >> we have a fun show by the way today. >> good. good. so far -- >> thank god for chris mann. >> save us. chris mann has already saved us. >> he's going to sing for us a little bit later. sara, do we have an i do gift? >> we're going to h
steve tyrell is terrific. i know it's blurry but he's in the middle. someone else took it. there's another shot of your posse. >> yeah. rege and joy. >> they love you so much. >> oh, gosh, love those guys. he was singing the songs of sammy kahn last night, huh? >> yes, he was. >> very few rooms anymore you can go to enjoy that kind of music and have that old-fashioned in a good way new york night. so good for the carlisle keeping it going. and i'm so sorry, the...
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Nov 21, 2012
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over to steve. >> thank you,. >> steve: we saw the job spike. the er technician went above and beyond the call of duty. the morning after sandy left her town in new jersey under water. marsha hedgepath felt she had to get to work. she swam 200 yards to a highway and hitched a ride? with who? she joins us live to tell us. >> good morning. >> steve: so the night of hurricane sandy, all hell was breaking loose outside of your house. >> there was no lights and i had no way of contacting other people. you know, it was crazy. >> steve: could you tell your neighborhood was flooded. >> i could tell my was. knowing the neighborhood i could tell. >> steve: you are dedicated to your job and first light you figured i have to go to work. what do? put clothes we're. >> in an ap grocery bag and tied it up and threw it over my shoulder and said let's get out of here. >> steve: you went downstairs and what did you find? >> knee high. it was poof where you would normally. you wouldn't jump off that level to the ground and so it was high. i had to swim this. >> st
over to steve. >> thank you,. >> steve: we saw the job spike. the er technician went above and beyond the call of duty. the morning after sandy left her town in new jersey under water. marsha hedgepath felt she had to get to work. she swam 200 yards to a highway and hitched a ride? with who? she joins us live to tell us. >> good morning. >> steve: so the night of hurricane sandy, all hell was breaking loose outside of your house. >> there was no lights and i had no...
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Nov 27, 2012
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steve madden is a sell. i think foot locker as nike. those who want to play nike, substantial chinese business and over inventory. you want to say the best way to think about nike going over par, genuine "wall street journal" for 100 is look at foot locker and say they sell a lot of nike. >> they say we favor athletic for the stickier male customer base which sounds disgusting. >> yeah. >> the countdown to christmas marches on. did cyber-monday kill black friday this year? we'll explore that question. santelli talks to sheila bair. here what she has to say about banks, fiscal cliff and bailouts. first, the opening bell. tuesday trading action when "squawk on the street" comes back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being read
steve madden is a sell. i think foot locker as nike. those who want to play nike, substantial chinese business and over inventory. you want to say the best way to think about nike going over par, genuine "wall street journal" for 100 is look at foot locker and say they sell a lot of nike. >> they say we favor athletic for the stickier male customer base which sounds disgusting. >> yeah. >> the countdown to christmas marches on. did cyber-monday kill black friday this...
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Nov 24, 2012
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chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care. would democrats consider putting any part of the president's signature health care legislation on the table to negotiate? >> no. it's just not going to happen. i mean you remember last year, democrats wouldn't -- refused to budge on this issue. they're not going to do it again. president obama's out there, all campaigns saying health care is law now. now that he's in office again for a second term, there's no way this happens. it didn't happen last time. it won't happen this time. >> so then, steve, i thought he said affordable health care act was the law of the la
chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care....
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Nov 23, 2012
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steve, what is the scene like right now? >> you can hear a lot of it now, and as the day has gone on and tonight the protests have become more violent. a fire is burning before protesters set a flame to a monument, and there are battles between security forces and younger protesters throwing glass bottles filled with gasoline and police are firing ban tear gas. the test is tomorrow after 40,000 protests come out. it will be a long-term fight of the people against the president , anger and bitterness against the egyptian president saying any decree he issues is legal and there is no appeal to the decree putting himself above the law and the courts and tens of thousands in cairo not happy about that move by the democratically elected president. >>gregg: does this move from president morsi catch people by surprise? >>reporter: it even caught his supporters by surprise and officials in the united states who were praising the egyptian president as the pragmatic regional leader, and his role in helping to negotiate a cease-fire be
steve, what is the scene like right now? >> you can hear a lot of it now, and as the day has gone on and tonight the protests have become more violent. a fire is burning before protesters set a flame to a monument, and there are battles between security forces and younger protesters throwing glass bottles filled with gasoline and police are firing ban tear gas. the test is tomorrow after 40,000 protests come out. it will be a long-term fight of the people against the president , anger and...
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Nov 21, 2012
11/12
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list, the results of the latest rankings of naughty and nice companies. [ male announcer ] this is steve. he loves risk. but whether he's climbineverest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sens from td ameritrade. david: shares of arena pharmaceutical getting a boost today. let's go back to nicole on the floor of the nyse. tell us about it, nicole. nicole: this is all about diet pills and the whole theory if you're not part of the solution, you're part of the problem. what we are seeing is the stock is higher today, it would affect provide coverage for these two companies. both of these companies make popular diet pills. approved in june by u.s. health regulators, the first to gain approval in 13 years. this is some interesting news. doing well, that she has held on quite nicely. d
list, the results of the latest rankings of naughty and nice companies. [ male announcer ] this is steve. he loves risk. but whether he's climbineverest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just...
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Nov 27, 2012
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thank you, steve. thank you, guys. >> hey, i'm wearing my pin. >> oh, good, liz. >> rise above, everybody. >> rise above. hello. so which stocks really dragged down this market today? jackie deangelis breaks down the winners and losers for us right not. >> good afternoon. the three major averages closing in the red today. ouer, take a look at this s board here. seagate one of the big stories we were following today. zion is a stock on the radar today. the u.s. treasury will sell and conduct auctions to tell warrant positions in the name. also, hpq, that saga continues after a request from the former autonomy ceo to acquisition details of accounting fraud. some pockets of strength today. we were led higher by monster beverage. just one of those names people love to trade. regulatory fears subsiding a bit in that name. also want to draw your attention to corning. that stock getting a pop. last but not least, best buy. positive speculation in this name relating to a bid from the company's founder sending
thank you, steve. thank you, guys. >> hey, i'm wearing my pin. >> oh, good, liz. >> rise above, everybody. >> rise above. hello. so which stocks really dragged down this market today? jackie deangelis breaks down the winners and losers for us right not. >> good afternoon. the three major averages closing in the red today. ouer, take a look at this s board here. seagate one of the big stories we were following today. zion is a stock on the radar today. the u.s....
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Nov 26, 2012
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the lift is -- >> steve doesn't like this. >> steve is willing to go over the cliff. >> i'm totally with senator corker on the idea of getting this done and getting it done now. the question is where do the compromises come. if the white house said we'll take the top rate of 36% or 37% instead of 39.6 and have a different cap on deductions are you open for those kinds of compromises? >> steve, i don't know of any republican who has written a bill that shows $1 trillion in revenues and i've done this to help break the dam. i'm not going to obviously negotiate on "squawk box" as to what i would be willing to do but i'm showing a way to make this happen. am i showing flexibility yes. many of my republican are in the same place, absolutely. the point is, steve, these changes are really not hard to do. look, i'm open to whatever, i know speaker boehner has shown a willingness, the president has shown a willingness. we have to have real entitlement reform. that at the end of the day, steve, to me is the issue. i think the republicans are showing flexible on revenues. i think it's going to be t
the lift is -- >> steve doesn't like this. >> steve is willing to go over the cliff. >> i'm totally with senator corker on the idea of getting this done and getting it done now. the question is where do the compromises come. if the white house said we'll take the top rate of 36% or 37% instead of 39.6 and have a different cap on deductions are you open for those kinds of compromises? >> steve, i don't know of any republican who has written a bill that shows $1 trillion...
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Nov 26, 2012
11/12
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MSNBCW
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. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king ran, he might be a favorite in the party primary but he would have a hard time winning a general election appealing to a more broad base of voters and my colleague interviewed the governor of iowa, the republican governor, terry branstad who all but urged him to stay out of the senate race. >> and michele bachmann, another tea party favorite. >> it is amazing how michele bachmann's star shining so brightly in the presidential race now barely hung onto her house seat in the last election and she has been talked about as a possible senate challenger to al franken in 2014 but repub
. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king...
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Nov 22, 2012
11/12
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CNBC
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i'm steve kroft. we live on an increasingly endangered planet, from the glaciers of antarctica to the rich prairie lands of canada. and the ultimate disaster may be financial as well as environmental. later in this episode, scott pelley reports from antarctica on the wide-ranging effects of global warming. and later bob simon has a story from canada on the environmental damage caused by the next great oil rush. but our first story involves a controversial waste product that could have damaging effects on the environment. there are more than 600 coal-fired power plants generating electricity in the u.s., and those plants produce 130 million tons of waste called coal ash. it contains concentrations of mercury, arsenic, lead, and other toxic materials. and as lesley stahl first reported in 2009, when coal ash is dumped into wet ponds--and there are more than 500 of those across the country-- the result can have an enormous health risk on the people living in nearby communities. >> we get about 48%, nearl
i'm steve kroft. we live on an increasingly endangered planet, from the glaciers of antarctica to the rich prairie lands of canada. and the ultimate disaster may be financial as well as environmental. later in this episode, scott pelley reports from antarctica on the wide-ranging effects of global warming. and later bob simon has a story from canada on the environmental damage caused by the next great oil rush. but our first story involves a controversial waste product that could have damaging...
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Nov 28, 2012
11/12
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CNBC
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. >> steve kroft. >> nice to meet you. >> how you doing? >> thanks. >> got five minutes for us today? >> um... [ticking] >> we wondered how the man who could whistle up a corporate jet on a whim... >> let's rock. >> or throw a $2 million birthday party was doing in his reduced circumstances. what's it like to go from king of the world to prisoner number 05a-4820 serving 8 to 25 years behind bars? >> in my wildest imagination, when i would project myself into my late 50s and early 60s, where i would be or what i would be doing, if i make a list of 100 different places or 100 different things, here would never make that list. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at stories of crime, punishment, and what money can buy. first, the high-stakes world of japanese organized crime, where big dollars saved the life of an infamous gangster. then we investigate how best-selling author and philanthropist greg mortenson used some of the assets of his multimillion-dollar charity. and finally, we talk to dennis kozlo
. >> steve kroft. >> nice to meet you. >> how you doing? >> thanks. >> got five minutes for us today? >> um... [ticking] >> we wondered how the man who could whistle up a corporate jet on a whim... >> let's rock. >> or throw a $2 million birthday party was doing in his reduced circumstances. what's it like to go from king of the world to prisoner number 05a-4820 serving 8 to 25 years behind bars? >> in my wildest imagination, when i...
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Nov 23, 2012
11/12
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FOXNEWSW
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steve brown is live at the target in chicago, and, steve, what does it look like there? >>> well, it's interesting. if you go to a mall sometimes you get folks that just want to go and sample the atmosphere and have a look around, and sample a bunch of different stores. if you go to a specific store like the target that we're into generally speaking what you get are folks that have a list, know what they are going to get and are out to go get it. there's been pretty consistent foot traffic in this store and we've seen a lot of shopping carts. what we've always discovered is that both from the standpoint of folks working at the stores and the folks shopping at the stores on black friday they like getting the action started early. >> we seem to beat -- we're in the in between crowd, the crazy people that come really early, and then, you know, the people that sleep in. >> we opened up at 9:00pm and we give a lot of thought to that decision, and our guests loved it and we have enough team members especially in a storm like this right here where people volunteered for those s
steve brown is live at the target in chicago, and, steve, what does it look like there? >>> well, it's interesting. if you go to a mall sometimes you get folks that just want to go and sample the atmosphere and have a look around, and sample a bunch of different stores. if you go to a specific store like the target that we're into generally speaking what you get are folks that have a list, know what they are going to get and are out to go get it. there's been pretty consistent foot...
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Nov 28, 2012
11/12
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CNBC
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steve cohen's sac capital receiving a wells notice from the s.e.c. saying it may take civil action against the $14 billion hedge fund. this comes after former sac portfolio manager matthew martoma was accused of running a $276 million insider trading scheme. >>> two firms are making a play for knight capital. >>> all week long on cnbc we're looking at the power players in washington. we are asking their constituents whether or not they are rising above to help solve the fiscal cliff. jane wells is live in the house minority leaders' home state. >> reporter: sue, coming up we're going to go to nancy pelosi's district to ask her constituents what they think of her, what they want from her, and if they're actually worried the fiscal cliff will happen. pg with the emphasis on "lunch" when we come back. >>> in october 2004, our national debt was $7.4 trillion. today that number has more than doubled to over $16 trillion. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last.
steve cohen's sac capital receiving a wells notice from the s.e.c. saying it may take civil action against the $14 billion hedge fund. this comes after former sac portfolio manager matthew martoma was accused of running a $276 million insider trading scheme. >>> two firms are making a play for knight capital. >>> all week long on cnbc we're looking at the power players in washington. we are asking their constituents whether or not they are rising above to help solve the fiscal...
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Nov 29, 2012
11/12
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CNBC
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steve wynn, he only saves a mere $20 million. this isn't to say these tax hikes will happen, or that the rich knowing that we don't, with that kind of savings, it's just not worth taking the risk. >> whoever wins this power ball, assuming they win the whole thing. you pay your taxes up front, it's a $16 million in savings. so whoever wins it, if they're listening, take that lump sum, get that check, put it in the bank before december 31st. >> if you just won the power ball and that much money, just go and have a good time. don't worry about the 16 million zl million? >> walmart just accelerated their usual dividend and brought it to this year as opposed to next. in reference to adelson, that's a good company as of late. they just added more. >> choice hotels did the same thing. >> some of these companies are doing special dividends have a great deal of cash. >> and here's the really interesting, what this does, we look back at 1986 when cap gains went from 31% to 36. we saw a doubling of capital gains income taken in that one yea
steve wynn, he only saves a mere $20 million. this isn't to say these tax hikes will happen, or that the rich knowing that we don't, with that kind of savings, it's just not worth taking the risk. >> whoever wins this power ball, assuming they win the whole thing. you pay your taxes up front, it's a $16 million in savings. so whoever wins it, if they're listening, take that lump sum, get that check, put it in the bank before december 31st. >> if you just won the power ball and that...
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Nov 29, 2012
11/12
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FBC
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steve? >> first of all, detroit is looking at many different options and one of the options is the mayor himself, dave bing, has suggested is shrinking the city. in other words, there are too many people, 750,000 people, there are vast tracts of detroit that they can't cover any more that they're the not using and they want to close it down, stop providing services and that's what dave bing is suggesting it's clear that some of these big former american cities are not going to come back and detroit's never going to be 2 million people again. so you need some kind of alternative. whether you break the city up into, you know, taking apart into smaller communities or simply shut down parts of the city. stuart: this is bankruptcy and-- >> they're insolvent, an insolvent city so they have to do something like this. and that westbound considered a giant corporation restructuring or a corporation that doesn't, it can't make it right now. stuart: a key question, if they declare bankruptcy, that's th
steve? >> first of all, detroit is looking at many different options and one of the options is the mayor himself, dave bing, has suggested is shrinking the city. in other words, there are too many people, 750,000 people, there are vast tracts of detroit that they can't cover any more that they're the not using and they want to close it down, stop providing services and that's what dave bing is suggesting it's clear that some of these big former american cities are not going to come back...
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Nov 21, 2012
11/12
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let's go to steve. >> thank you, sal. >> you are welcome, steve. >>> good morning. rain kind of winding down, still some. you saw san jose over to the sunol grade, it looks like it doesn't want to end over there. kind of mostly cloudy. very, very mild. the system is moving east. it's a very warm system, also south, still some rain to the north. but we're kind of caught right there with things kind of quieting down. we'll focus on some of the areas, but some of the totals not bad. emeryville, 1.40. santa rosa, almost 1 inch. crockett, rodeo, ben neap shaw, all around 9/10. there's also reports of 2 to 3 up towards mendocino county. there's good numbers up there. sausalito, 1.50. sfo, hayward about .50. and clayton .45 off marsh creek road. .3 down to the santa cruz mountains and san jose. things are really starting to break up. still some scattered showers, light rain drizzle towards antioch as well. concord, walnut creek. over on highway 24, radar beam just swept by. the sunol grade -- when the pattern sets up, when is this going to end. we see sunol pleasanton. if
let's go to steve. >> thank you, sal. >> you are welcome, steve. >>> good morning. rain kind of winding down, still some. you saw san jose over to the sunol grade, it looks like it doesn't want to end over there. kind of mostly cloudy. very, very mild. the system is moving east. it's a very warm system, also south, still some rain to the north. but we're kind of caught right there with things kind of quieting down. we'll focus on some of the areas, but some of the totals...